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Money in the News / Cost of Living

Cost of Living

Grocery prices, gas prices, utility costs, inflation impacts on everyday expenses, consumer sentiment, and the real-world financial pressures facing households.

Latest in Cost of Living

Cost of Living

Utilities asked regulators for $9.4 billion in rate hikes in just the first quarter of 2026

American households and businesses face the prospect of sharply higher electric bills after utilities across the country filed requests with state regulators seeking a combined...

Cost of Living

Gas still costs about $1.50 more a gallon than before the Iran war, even as oil sinks

American drivers are paying roughly $1.50 more per gallon for regular gasoline than they were in late February 2026, before the Iran conflict disrupted energy...

Cost of Living

AI data centers are quietly pushing household electric bills higher heading into summer

Millions of households across the East Coast face higher electricity bills this summer, and a growing share of that cost pressure traces back to the...

Cost of Living

The Iran war is still adding more than $360 million a day to America’s gas bill

American drivers are paying more than $360 million a day in extra gasoline costs tied to the Iran conflict, a figure derived from federal price...

Cost of Living

Egg prices have dropped about 39% from a year ago

American grocery shoppers are paying dramatically less for eggs than they did a year ago, with the federal Consumer Price Index recording a 39.2% year-over-year...

Cost of Living

The U.S. cattle herd has shrunk to a 75-year low, pushing beef prices up 12.9% over the past year

American families are paying sharply more for beef after the national cattle herd contracted to levels not recorded since the early 1950s. Total cattle and...

Cost of Living

A Listeria outbreak traced to recalled Mexican-style soft cheese has killed one person and hospitalized seven across three states

One person is dead and seven others have been hospitalized after eating soft ricotta and requesón cheese produced by Clover Hill Dairy in Mechanicsville, Maryland....

Cost of Living

Federal forecasters expect Americans to use more electricity this summer than in any of the past five

American households and businesses face their most electricity-hungry summer since at least 2021, according to federal energy forecasters. The U.S. Energy Information Administration completed its...

Cost of Living

An Oregon utility is cutting home electricity bills 1.3% while raising data-center rates 29% — a rare case of the AI boom easing a household’s bill instead of inflating it

Residential customers of Portland General Electric stand to pay less on their monthly electricity bills at a moment when utilities across the country are asking...

Cost of Living

Tyson and Cargill will pay $87.5 million over inflated beef prices — shoppers in 26 states who bought steak or roasts from 2014 to 2019 can claim by June 30

Families across 26 states who paid more than they should have for beef between 2014 and 2019 now have a narrow window to recover some...

Cost of Living

Virginia’s data-center boom is raising power bills in West Virginia, where the same utility serves both states

Residential electricity customers in West Virginia and Maryland are absorbing billions of dollars in transmission costs driven by Virginia’s rapid data-center expansion, even though the...

Cost of Living

Electricity prices have risen 42% since 2019, far outpacing overall inflation

American households and businesses paid a national average of 12.94 cents per kilowatt-hour for electricity in 2024, capping a five-year stretch in which power prices...

Cost of Living

Forever stamps are set to rise to 82 cents on July 12

Americans who still rely on physical mail to pay bills, send documents, or ship small packages will pay more starting this summer. The U.S. Postal...

Cost of Living

Minimum wages rise July 1 in Oregon, Alaska, Washington, D.C., and more than 20 cities

Workers in Oregon, Alaska, Washington, D.C., and more than 20 cities will see higher minimum wages starting July 1, 2026, as inflation-indexed local laws trigger...

Cost of Living

Gas fell nearly 20 cents in a week, and 18 states are back under $4 a gallon

American drivers caught a break at the pump during the final week of May, as the national average price for regular gasoline fell 17 cents...

Cost of Living

Dealers are quietly absorbing almost half of the tariff hike on new cars

American car buyers shopping for a new import this summer are paying less of a tariff surcharge than the sticker math would suggest. Federal records...

Cost of Living

More than 3.5 million Americans have lost SNAP food benefits since July, with enrollment down in every state

More than 3.5 million Americans stopped receiving Supplemental Nutrition Assistance Program benefits after a federal law signed on July 4, 2025, expanded work requirements and...

Cost of Living

Cooling your home will cost 8.5% more this summer as forecasters call for near-record heat

American households face a summer of rising cooling costs just as federal forecasters project temperatures well above normal across most of the country. The Energy...

Cost of Living

Boeing will pay up to $5,000 to Washington job applicants who never saw a salary range in the posting

Boeing faces payouts of up to $5,000 per applicant to job seekers in Washington state who applied for positions that lacked required salary range disclosures....

Cost of Living

GasBuddy expects gas to average $4.80 a gallon nationwide this summer

American drivers face a summer of elevated fuel costs, with GasBuddy projecting that regular gasoline will average $4.80 a gallon nationwide through the peak driving...

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